Question: Question 18 (1 point) Based on the profitability index (PI) rule, should a project with the following cash flows be accepted if the discount rate

Question 18 (1 point) Based on the profitability index (PI) rule, should a project with the following cash flows be accepted if the discount rate is 8%? Why or why not? Year 0 1 2 Cash Flow -$42,700 $16,800 $23,300 $10,700 3 Yes; because the PL is .98 No; because the Plis.95 No; because the Plis.98 Yes; because the Pl is 1.03 No; because the Pl is 1.03

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